Banks Need to Evolve Online Foreign Exchange Strategies

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By James Kemp, managing director and co-founder for Stentra, a London-based specialist software developer whose clients include ABN Amro, Daiwa Bank, National Australia Bank (NAB) and Reuters.

Global foreign exchange (FX) is evolving from a commodity to a combined service offering. This will require the key FX banks to become more strategic in their planning and execution when delivering their services electronically.

However, just as banks are beginning to make online services a staple of their

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